“My overall objective is to make ShopClues the one-stop merchant service provider to help sellers increase their sales at the POS (point-of-sale),” Goel said.Online marketplace ShopClues has named former Moody’s Corporation top executive Arun Goel as its vice-president (products).

Goel will be building and managing services to enable merchants to scale their businesses. He will also be providing them technologies to be successful in the hyperlocal context.

“My overall objective is to make ShopClues the one-stop merchant service provider to help sellers increase their sales at the POS (point-of-sale),” Goel said.His key responsibilities will include building and providing world-class financial services like accounting and taxation to merchants to help them better manage their working capital. Goel will also look at digitising merchant businesses and assist them in increasing their sales and non-transactional revenue.

The hyperlocal services and technologies for merchants will include marketing, advertising, logistics, digital coupons and location aware solutions that will help buyers and sellers discover each other.

An alumnus of IIT-Kharagpur and Paris-based ENPC School of International Management, Goel is a financial markets and trading expert too. He has in the past held various leadership positions at brands such as Barclays Capital, Lehman Brothers, Citigroup and Siemens Corporation Research.

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